It's once again time for our collaboration with the wonderfully entertaining What Is It? Blog. Do you know what the pictured item is? Can you guess? Or can you make up something totally wacky?

Place your guess in the comment section below. One guess per comment, please, though you can enter as many guesses as you'd like in separate comments. Post no URLs or weblinks, as doing so will forfeit your entry. Two winners: the first correct guess and the funniest (albeit ultimately wrong) guess will win T-shirt from the NeatoShop.

Update: the pictured item is indeed a bicycle stand. Anker was the first with the correct answer, and wins a t-shirt front he NeatoShop. The funniest answer came from kkirkpat, who said, "It's a fancy banana stand. And everyone knows, there's always money in the banana stand!"